OOCL reports uptick in volumes for Q4 2020
OOCL had a very good fourth quarter of 2020, as well as a fairly strong 12 months to 31 December. During Q4 2020, OOCL’s total volumes were up 23.7% on the same period in 2019,...
Rio Tinto Pilbara iron ore shipments increase
RIO TINTO shipped 88.9 million tonnes of Pilbara iron ore during the fourth quarter of 2020, an increase of 2% on the same period in 2019, according to a statement to the ASX. Rio...
New Australian LNG export record in 2020
RESEARCH company EnergyQuest reports that Australia exported a record 78 million tonnes of liquefied natural gas in 2020, up from 77.5 million tonnes in 2019. The company said...
LNG-fuelled bulker berths at Kooragang
HL ECO (IMO 9869332) arrived at the Kooragang Terminal at the Port of Newcastle on 11 January on its maiden voyage. HL Eco is the first LNG-fuelled vessel is one of two...
Ocean carriers battle the COVID cargo crunch
IN global supply chains, manufacturers and retailers normally operate with months and years of forward planning. Carriers invest billions of dollars in vessels and other assets...
Singapore port authority increases volume by 1.7% year-on-year
THE Port of Singapore Authority increased its volume by 1.7% from 2019 to 2020 (calendar year), with flagship PSA Singapore contributing 36.6m TEUs (-0.9%) and PSA terminals...
New port charge slammed by shipping industry
SHIPPING Australia has criticised a move by Pilbara Ports Authority to impose a $13,450 levy on each major shipload of ore exported from 1 March. It is designed to fund a buyback...
Aon launches fuel price insurance for shipping
INSURANCE broker Aon has launched a new policy aimed at sectors for which fuel purchasing constitutes a significant cost, with major interest expected to come from shipping. The...
2020 Australian beef exports fell by 15%
IN the last calendar year, Australia’s beef exports to all markets fell to 1,039,410 tonnes, according to the latest data from the Department of Agriculture. Volume was down by...
ZIM Plans IPO on New York Stock Exchange
ISRAELI shipping company ZIM Integrated Shipping Services has notified the US Securities and Exchange Commission of its intention for an initial public offering of its ordinary...
Evergreen ship loses 36 containers at sea
EN ROUTE to Los Angeles from the Port of Busan on 30 December, Evergreen Marine’s container ship Ever Liberal lost 36 containers over board. In a statement issued on 2 January,...
Cyber risk management comes of age
ON 1 January 2021, International Maritime Organization Administrations are to ensure that cyber risks are appropriately addressed in safety management systems no later than the...
Drop in Australian coal output forecast
AUSTRALIA’S coal producers may have to start cutting output if China maintains limits on imports from them, the Australian government said, forecasting a sharp fall in coal export...
Littleproud speaks on China stoush
AGRICULTURE minister David Littleproud says there is “mounting evidence” sanctions imposed on Australia by China have more to do with geopolitics than trade. Speaking to CNBC, Mr...
CMA CGM talks up Asia – Europe trades
FRENCH liner company CMA CGM says it has boosted capacity assigned to lines between Asia and Europe by 6% for the fourth quarter of 2020 compared with the same period of 2019. It...
